California utilities were dissatisfied with the proposal. According to San Diego Gas & Electric, the proposal did not address the "growing cost burden" on their customers, which is estimated at $100 per month or, collectively, $160 million per year. A proposal set forth by the utilities offered to charge both residential and commercial net metering customers their "otherwise applicable rate" for the kilowatt-hours of electricity used from the grid. A fixed export compensation rate for exported energy over a 10-year period would also be imposed. The export rate would amount to $0.15/kWh for installations until the distributed power exceeded 7% of the utility's customer demand. Subsequently, the rate would fall to $0.13/kWh. Throughout 2017, California implemented "Net Metering 2.0" where the compensation to solar customers is close to retail rates. The policy also moved time-of-use (TOU) rates for residential customers. Additionally, the rates were updated to reflect "conditions on California's grid." The California Public Utilities Commission (CPUC) approved new TOU rates for San Diego Gas & Electric Company and moved the start of the peak period to 4 pm (four hours later than it was prior to the change). The Solar Energy Industries Association believes the new peak rates are too late in the day. In October 2017, CPUC extended the grandfathering period for many distributed PV systems to the old rates and eliminated completion deadlines for "qualifying PV systems." Grandfathered rates will last five years for residential customers and 10 years for other customers. However by 2021, grandfathered rates for all NEM 1.0 and NEM 2.0 were extended to 20 years from the date of activation. In December 2022, CPUC decided to discontinue new approvals of NEM 2.0 on April 13 2023, replacing it with NEM 3.0 that only offers wholesale credits for their excess energy. NEM 2.0 and NEM 1.0 customers will continue enjoying their benefits for 20 years from activation. Florida In early 2016, lawmakers in Florida, with encouragement from both houses, voted to put Amendment 4 on the ballot. In a state that is presently faced with various renewable energy issues, the idea of terminating personal property taxes on solar panels was widely supported. One of the sponsors of the bill backing Amendment 4, state Senator Jeff Brandes (R), said that the decision will aid in the development of renewable and solar energy statewide and lead to the creation of thousands of job opportunities. On August